China Touyun Tech Enterprise value
What is the Enterprise value of China Touyun Tech?
The Enterprise value of China Touyun Tech Group Limited is $181.53M
What is the definition of Enterprise value?
Enterprise value is a measure of a company’s total market value. It is calculated as market capitalization with debt, minority interest, and preferred shares minus total cash and cash equivalents.
ttm (trailing twelve months)
It is a sum of claims by all claimants including creditors (secured and unsecured) and shareholders (preferred and common). Enterprise value is one of the fundamental metrics used in business valuation, financial modeling, accounting, portfolio analysis, and risk analysis. Enterprise value is more comprehensive than market capitalization, which only reflects common equity and is considered more representative of a company’s value. Enterprise value reflects the opportunistic nature of business and may change substantially over time because of both external and internal conditions.
Enterprise value can be negative if the company holds abnormally high amounts of cash that is not reflected in the market value of the stock and total capitalization. Cash is subtracted in the calculation because it reduces the net cost to a potential purchaser. The effect applies whether the cash is used to issue dividends or to pay down debt. Value of minority interest is added because it reflects the claim on assets consolidated into the firm in question. Value of associate companies is subtracted because it reflects the claim on assets consolidated into other firms. EV should also include such special components as unfunded pension liabilities, employee stock options, environmental provisions, abandonment provisions, and so on, since they also reflect claims on the company.
Enterprise value of companies in the Materials sector on HKSE compared to China Touyun Tech
What does China Touyun Tech do?
Touyun Biotech Group Limited, an investment holding company, designs, develops, manufactures, and sells packaging products in Hong Kong, the People's Republic of China, Europe, North and South America, and internationally. It operates through four segments: QR Code Business, Packaging Products, Treasury Investment, and Chlamydomonas Reinhardtii Product Business. The QR Code Business segment provides QR codes on product packaging and solutions; and online advertising display services. The Packaging Products segment manufactures and sells watch boxes, jewelry boxes, eyewear cases, bags and pouches, and display units. The Treasury Investment segment invests in and trades in securities, as well as offers money lending, securities brokerage, asset management, and margin financing services. The Chlamydomonas Reinhardtii Product Business segment produces and sells chlamydomonas reinhardtii, micro-algae, and related products. It also provides business intelligence IT solutions and corporate management services. The company was formerly known as China Touyun Tech Group Limited and changed its name to Touyun Biotech Group Limited in May 2021. Touyun Biotech Group Limited was founded in 1989 and is headquartered in Wan Chai, Hong Kong.
Companies with enterprise value similar to China Touyun Tech
- Yangzhou Guangling District Taihe Rural Micro-finance has Enterprise value of $181.11M
- Harbor Custom Development has Enterprise value of $181.35M
- Art has Enterprise value of $181.35M
- ESSA Bancorp Inc has Enterprise value of $181.35M
- Sahyog Multibase has Enterprise value of $181.38M
- Eloro Resources has Enterprise value of $181.40M
- China Touyun Tech has Enterprise value of $181.53M
- Boat Rocker Media has Enterprise value of $181.54M
- Tycoon has Enterprise value of $181.61M
- InCity Immobilien AG has Enterprise value of $181.71M
- Minsheng Education has Enterprise value of $181.79M
- FS Development has Enterprise value of $181.88M
- Federal-Mogul Goetze (India) has Enterprise value of $181.95M